Bitkub vs Bitfinex: Fees, Coins, Safety Comparison
| Feature | Bitkub | Bitfinex |
|---|---|---|
Overall |
2.3 |
4.0 |
1 |
2.7 |
|
2.7 |
4.5 |
|
2.2 |
4.0 |
|
Investment Instruments |
1 |
4.6 |
Platforms and Charting Tools |
2.9 |
5.0 |
Deposit and Withdrawal |
2.7 |
3.9 |
Research |
2.6 |
4.3 |
Education |
2.2 |
5.0 |
Support |
2.3 |
4.8 |
Bonuses |
3.0 |
4.0 |
|
Your capital is at risk.
|
Bitkub vs Bitfinex: Pros and Cons
The Bitkub crypto exchange offers an easy-to-use and functional service for exchanging and buying cryptocurrencies. Bitcoin (₿), Ethereum (Ξ), Tether (₮), Bitcoin Cash, Ripple, Cardano, and many other popular altcoins and tokens are available for trading on this exchange. Only Thai baht is represented from among fiat currencies. All the major deposit/withdrawal options, including e-wallets and bank accounts, are available here, plus KYC verification. The platform has low trading commissions — 0.25%, with no trading levels. There are no investment solutions on the platform. Additional (passive) earnings are possible by using a standard referral program with payouts of 20% of the referral fees.
Bitfinex was founded in 2012 and is one of the oldest cryptocurrency exchanges in the world. The cryptocurrency platform is registered in the British Virgin Islands. More than 170 cryptocurrencies are available on the exchange, as well as cryptocurrency futures and NFT. The disadvantages of the exchange include numerous proceedings with U.S. regulators, as well as several major successful hacks.
| Bitkub | Bitfinex | |
|---|---|---|
| Overall Pros | most popular cryptocurrencies and tokens are available for trading on the exchange; | Trading with leverage up to 1:100 |
| the pool of assets is constantly replenished, and a listing is available to users; | Derivatives are available | |
| the exchange is characterized by a large trading volume and high liquidity; | Negative fees for large derivative traders | |
| commissions are lower than the market average and do not depend on the trading volume; | Very essential discounts for LEO holders | |
| TradingView browser is easy to use and intuitive; | ||
| the exchange has an application for mobile trading for iOS and Android; | Strong research | |
| the site is protected from DDoS attacks; | Advanced trading platform | |
| funds are stored cold; | Advanced API for trading bots | |
| the company has a blog that publishes news and analytics. | ||
| Overall Cons | the exchange does not offer investment solutions; | Several successful hacks |
| there’s no call center, only tickets and email for communication; | Multiple regulatory fines in the US | |
| there are no demo accounts or on-site training for beginners. | $10,000 minimum deposit in fiat currencies |
Bitkub vs Bitfinex: Safety and Regulation
| Regulated By: | Bitkub | Bitfinex |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
No |
Bitkub vs Bitfinex: Trading Conditions
| Trading Conditions | Bitkub | Bitfinex |
|---|---|---|
Minimum Deposit |
$1 |
10,000 USD/EUR/GBP, 1,000,000 JPY, and 75,000 CNH |
Trading Platforms |
TradingView |
Bitfinex |
Max Leverage (Futures) |
44562 |
1-100 |
Number of Markets |
50+ |
397 |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptos, THB |
USD, EUR, GBP, CNH, JPY + cryptocurrencies |
Bitkub vs Bitfinex: Fees
Trading Fees
| Fee | Bitkub | Bitfinex |
|---|---|---|
Max Maker |
0.25%. |
0.1% |
Max Taker |
0.25%. |
0.2% |
Min Maker |
0.25%. |
0.0% |
Min Taker |
0.25%. |
0.055% |
Debit/Credit Card Purchase Fee |
Not supported |
Not supported |
Futures Trading fees
| Fee | Bitkub | Bitfinex |
|---|---|---|
Max Maker |
Not supported |
0.02% |
Max Taker |
Not supported |
0.065% |
Min Maker |
Not supported |
-0.0100% |
Min Taker |
Not supported |
0.0350% |
Non-Trading Fees
| Fee | Bitkub | Bitfinex |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
Crypto - free, Bank transfer 0.1% (minimum 60 USD/EUR) |
Bank Transfer Withdrawal Fee |
K-BANK 20 THB, Other banks in Thailand 0 - 100,000 THB: 20 THB, 100,001 - 500,000 THB: 75 THB, 500,001 - 2,000,000 THB: 200 THB |
1% (minimum 60 USD/EUR) |
Debit/Credit Card Withdrawal Fee |
Not supported |
not allowed |
BTC Withdrawal Fee |
0.0002 BTC |
0.0004 |
Inactivity Fee |
No |
No |
Bitkub vs Bitfinex: Trading Assets
| Asset Name | Bitkub | Bitfinex |
|---|---|---|
Overall |
75+ |
170+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
Yes |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
Yes |
Yes |
IOTA (MIOTA) |
Yes |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
No |
Yes |
NFT |
No |
Yes |
Crypto ETF |
No |
Yes |
Bitkub or Bitfinex: Investment Programs
| Asset Name | Bitkub | Bitfinex |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
Crypto lending platform |
Trading Platforms: Bitfinex or Bitkub
| Bitkub | Bitfinex | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: Bitfinex or Bitkub
| Bitkub | Bitfinex | |
|---|---|---|
SMS Based 2 FA |
No |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: Bitfinex or Bitkub
| Bitkub | Bitfinex | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Bitfinex or Bitkub
| Bitkub | Bitfinex | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Bitfinex or Bitkub
| Bitkub | Bitfinex | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
Yes |
Yes |
Trailing Stop |
No |
Yes |
Bitkub vs Bitfinex: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitkub | Bitfinex |
|---|---|---|
Bank Transfer |
Yes (Only Deposit) |
Yes |
Credit/Debit Card |
No |
No |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Bitkub vs Bitfinex: Research
| Research Type | Bitkub | Bitfinex |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
Yes |
Bitkub vs Bitfinex: Education
| Education Type | Bitkub | Bitfinex |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
Bitfinex vs Bitkub: Support
| Support Features | Bitkub | Bitfinex |
|---|---|---|
Working Days |
24/7 |
24/7 |
No |
Yes |
|
Phone |
Yes |
No |
Online chat |
Yes |
Yes |
Other |
Ticket |
No |
Bitkub vs Bitfinex: Crypto Bonuses and Promo
| Promo | Bitkub | Bitfinex |
|---|---|---|
Crypto Bonus |
Bitkub Reward |
No |
Affiliate Program |
Every new user who registers at the exchange by following the referral link or by using a QR code becomes your referral to the exchange and will bring you a regular income of 20% of all his trading commissions. |
Up to 38% |
|
Your capital is at risk.
|
Top 5 Reviews on Bitfinex
-
Comment
I initially paid $3000 to start with and an account manager demonstrated a growth of $500 in quick time. A specialist then came in and tried to get me to invest $25000 to which I bluntly denied and they tried with $20K, then $10K and even $5K to all of which I refused! They have now kept me hanging and I asked for a refund to which they are asking for more money from me and I don't know what more to do! Also as of yesterday, the site itself is DOWN!! I cannot log in anymore and the email contact i had from there, when i sent the email to check it came back saying that domain does not exist anymore!! I am at loss of words and my hard earned money unfortunately i was able to recover my money back with the help of Olivia teams get in touch with them WhatApp +1 (423) 248 - 2140
-
Comment
The customer support provided by Bitfinex is often slow and unresponsive, leaving users feeling frustrated and unsupported. I cannot recommend Bitfinex as a reliable or trustworthy crypto exchange option.
-
Comment
It’s great working here! Such professionals make trading calm and comfortable. Bitfinex has a good reputation.
-
Comment
I trust bitfinex, otherwise I wouldn’t work with it. Anyone can have complaints, like the users who wrote comments below. Tell the broker about them so that it can take action and, if possible, resolve the issue! If there were any problems at all, since I didn’t have any problems when trading here.
-
Comment
Trading on Bitfinex is not going well. And all the 6 months that I have been trading there, there have been constant delays in withdrawing funds. I had to wait 3 weeks, and 4. Then I met a friend who used to trade with them. And he said that he had the same situation. Nothing changed...
Top 5 Reviews on Bitkub
-
Comment
I am just starting in the digital currency market, so I work with Bitkub in the hope of future prospects, since with little capital the conditions here are not much different from its competitors. I consider it a disadvantage that the brokerage commission cannot be reduced to zero during active trading. There is no margin trading here, so you have to rely only on your capital. I understand that to get a normal income, you will need to invest more than one hundred dollars. So far, I don’t have such an opportunity, and the broker is not licensed, so I haven’t decided yet whether I can trust Bitkub with a large amount.
-
Comment
I’ve been with Bitkub for a few months and am completely satisfied with the execution speed and great software. Even the mobile application has all the tools for a full analysis and transaction support. Commissions are only taken from profitable trades and are fixed at 0.25% in both directions, which is a little unfair for merchants. I am satisfied with the support service, which you can contact at any time of the day and get timely assistance. I don’t have much experience, so I would like to see sections on the Bitkub website with analytics and strategy analysis, etc. Everything else is OK.
-
Comment
I ended up on Bitkub by accident and for the sake of curiosity, I followed a referral link. Registration took no more than 5 minutes, and by the evening I received my first profit. In my opinion, it is unfair that the commission for sellers is the same as for buyers. And it cannot be reduced several times with large trading volumes, like with other brokers. But in principle, the size of the commission is standard, so with reasonable trading, you can earn money here. It is a pity that the broker does not provide leverage, so without a tidy sum on the deposit, you will not accelerate. But if you trade exclusively with your own funds, then I recommend Bitkub.
-
Comment
You can start trading with the Bitkub broker with any amount, so to check how it fulfills the stated conditions, I opened an account for a meager amount. I immediately failed because I did not take into account that Bitkub does not provide leverage and you can only rely on your hard-earned money. From the second run, it started working. But, it seems to me that the lack of a demo account is still a minus. If there was a demo account, perhaps I would test the service and execution of Bitkub for a while. My conclusion after several months of trading here is: the broker does not interfere with trades, orders are executed quickly, and profit is paid quickly. In a word, you can and should work with Bitkub.
-
Comment
This is a fraudulent company, beware of it. They blocked my account, did not withdraw any profit or their deposit. They lure with good analytics, they ... how much you earn from them, they live for your money.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.